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Fostering innovation is one of the key challenges Brazil faces as the country strives to emerge as a force in the global economy. In the twentieth century, Brazilian scientists and research institutions developed and established the country’s capacity to produce state-of-the-art knowledge in various fields. Innovation, or the ability to apply knowledge in the development and production of goods and services, however, remains largely absent in many sectors of the economy. To address this issue the country needs to advance public policies on science and technology that help translate the country’s strong research base into products and services that benefit consumers and society at large. Better public policies create incentives and foster the necessary environment that will support companies in their effort to turn ideas into competitive products and services.
Over the past year the Brazil Institute and the Program on Science, Technology, America and the Global Economy (STAGE) have jointly sponsored a series of events to advance research and dialogue on critical economic issues, focusing particularly on the roles of innovation. This 16-page report assesses how better public policies can create incentives and foster the necessary environment that will support companies in their effort to turn ideas into competitive products and services. Click here to download this publication.